Cape Verde: Real interest rate
* indicates monthly or quarterly data series
| Cape Verde |
Real interest rate: Bank lending rate minus inflation |
|---|---|
| Latest value | 5.97 |
| Year | 2024 |
| Measure | percent |
| Data availability | 2006 - 2024 |
| Average | 6.58 |
| Min - Max | -6.76 - 11.01 |
| Source | The International Monetary Fund |
The latest value from 2024 is 5.97 percent, an increase from 3.3 percent in 2023. In comparison, the world average is 4.99 percent, based on data from 73 countries. Historically, the average for Cape Verde from 2006 to 2024 is 6.58 percent. The minimum value, -6.76 percent, was reached in 2007 while the maximum of 11.01 percent was recorded in 2014.
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* indicates monthly or quarterly data series
Recent data
Historical series
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Lending-deposit interest rate spread | 7.31 | 2020 | interest rate points |
| Bank cost to income ratio | 51.67 | 2021 | percent |
| Bank overhead cost | 1.97 | 2021 | percent |
| Net interest margin | 4.35 | 2021 | percent |
| Bank credit to deposits | 64.45 | 2021 | percent |
| Return on assets | 1.47 | 2021 | percent |
| Return on equity | 16.49 | 2021 | percent |
| Banking system z-scores | 27.09 | 2021 | index points |
| Liquid assets to deposits | 44.18 | 2021 | percent |
| Non-interest income to total income | 19.37 | 2021 | percent |
| Lending interest rate | 7.79 | 2024 | percent |
| Real interest rate | 5.97 | 2024 | percent |
| Legal rights | 1.00 | 2019 | points |
| Credit information sharing | 6.00 | 2019 | points |